The meat and bones of this game is mostly short 4-on-1 matches where each character has a series of special skills. Survivors have to activate several control points scattered around each scene before they're able to open up an escape portal. Meanwhile the assassin is on the hunt to capture and murder them. If a player is caught twice, it's game over.
As you unlock different skills and achievements, your character levels up in abilities and learns new ones. Plus, this game has a thick story arch that runs parallel to your playing; whereby a detective actively investigates the disappearance of a whole family under very suspicious and unusual circumstances.
Identity V is heavily, heavily inspired by Dead by Daylight. Only, in Identity V you'll find the whole game takes place in a cartoony, gothic-inspired realm that could easily pass off as a Tim Burton production.